The Gross Investment in the Accommodation and Food Service Activities sector in the UK is projected to steadily increase from 2024 to 2028. The investments are forecasted to grow from £8.77 billion in 2024 to £9.37 billion in 2028.
The year-on-year growth is consistent, with approximately 1.7% increases annually from 2024 to 2028, evidencing a stable expansion in the sector. The Compound Annual Growth Rate (CAGR) over this period is forecast at around 1.7%.
Future trends to watch for include:
- Technological advancements enhancing service efficiency.
- Post-pandemic shifts in consumer behaviors impacting demand.
- Potential regulatory changes affecting operations and investments.
- Sustainability initiatives driving new investment opportunities in eco-friendly infrastructure.